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tv   [untitled]    October 4, 2011 7:00am-7:30am EDT

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i. think. spreads across the united states thousands of angry americans and demanded the corporate lobby be held accountable for the country's economic downturn. greece's future hangs in the balance as eurozone ministers postponed the next release about desperately needed to keep the country clear of bankruptcy until november. and from the glitz the glamour of high fashion catwalks to abusive child labor human rights groups blow the whistle on. your street which runs the government for.
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business economic uncertainty keep investors away from risky assets and force people to. get weaker johnny business bulletin. about. twenty four hour global news live from moscow this is our with me role research from new york to chicago and beyond and the occupy wall street protest movement spreads rapidly across the united states thousands of flooded onto the streets over the influence of big business on government demonstrators say that's what's causing the ongoing economic downturn hundreds have been arrested in the big apple where the movement began but more rallies are still planned and they are supported by workers and unions nationwide and. found out in new york the protesters say they're being neglected by the mainstream media. taking the big apple by storm.
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getting arrested by the hundreds. getting netted and pepper sprayed in the face. spending night and day on the far from welcoming streets of the financial district . that's the price these demonstrators are paying to get their outrage across to those holding grains of financial and political power common americans who make up most of this country who don't have access to corporate power and the media don't have many options to get their voices heard those who take specific steps fight for change in the west are largely getting awards and marginalized this artist and activist has been arrested twice i didn't expect to be arrested i didn't expect to get beat by the police that is to get locked up incarcerated for hours and hours and hours with. both good cause of for this movement. ignored for the
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first two weeks of occupying wall street the peaceful movement started taking tougher measures by getting bigger and louder the only way to get the media to notice is to be disobedient. to the people who noticed. the mass arrests have built up popular support for the movement by you know them for putting us through some type of abuse because it's hope with you know is bringing more work you will some have sacrificed more than hours in jail to fight against wall street many people have quit their jobs here that's already happened the corporate media we three into the camp outside our does not pay much attention here the sunday front pages of some of america's most read newspapers or ridicules both the form and the substance of the gathering it is equal parts but truly body odor and urine they're more concerned with. brainwashing people american idol sports drama and pretty much anything to serve as
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a true. the important issue. right now this is a big unnoticed by the corporate and political elite it's tougher than ever for those against the system to get attention would even some police officers ready to admit this protest is the way it's. the only. way to do what i imagine the occupy wall street movement promises to grow in the months to come and history shows that the voice of the people can't be neglected forever they said sure cannot r.t. new york meantime professor alex for tali who actually took part in the new york protests a claims that they were met with extreme police. demonstrate his ultimate aim for the green zone is to achieve change in the political landscape of america. well there's not a lot of mystery about what's going on down new york there's a clear sense the united states that our wall street is completely out of control and that they are responsible for an economy and i think young people in particular
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feel that their futures have been. before the our wages salaries and bonuses by these wall street executives and they're looking for long term solutions i don't think they have a set of short term measures appear appealing to or government to address i think in large part of what they're trying to do is to create a political climate where a number of political actors can start to talk seriously about some real reforms that hopefully can break out this kind of corrupt marriage between economic and political elites in our city it's. time now for you to get involved i've always came to know your opinions on today subject is the protest wave that's a raging through new york city if you click on to our website he thought column you can take part in our latest poll or today we're asking who are the occupy wall street activists let's check out the numbers right here so far the most popular response is that they are america's own arab spring others say they are victims of police for oppression that's coming in second and that some say they're just rent
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a crowd agents or a bunch of troublemakers. have your say. where you are without a live from moscow are still ahead for you this hour in the life. as forces loyal to libya's new rulers continue their fight for control of the country it's civilians that later eyewitnesses tell us directly why they live in fear for their lives. eurozone finance chiefs have again pushed back the final decision over the release of bailout funds for cash strapped greece this time until november that was after athens announced it would be unable to meet its debt containment targets greece desperately needs the next tranche of eight billion euros to pay its regular bills athens it says it can wait until. he won't be able to pay his debts and may have to bankruptcy that's all in spite of government efforts to adhere to tough. highly unpopular austerity measures for weeks
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now the country's been hit by angry protests and strikes our correspondent in the area sarah first now reports from our. own syntagma square the most dramatic side of this economic crisis. played out this time and again we see people running out of the parliament building to face a standstill statesmanship they say to be unsettled we find ourselves back in the position with people now really this whole has been achieved by implementing these assassinations. has just admitted that it was a really it's tough to get. to the usa really about what the implications of that will be good. things imagine that thousands of lives all miss. sunshine in the salary for a year. at the end of the year the possibility of dismissal there are great.
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if the country to stay. here in the cockpit or maybe trying to hammer out the details of that has to be. dealt. with this point is to say that the rest of the year is a function in the global economy that is misleading. people only. come up with realistic solutions to get the country out of the situation that has been criticism from some of the analysts we spoke to here at our place that we. the job losses these things the cut it wage is that it takes years of these are people who will no longer be able to make it because of the skill think that they did have this and yet the government will seem to be pessimistic that they threw the plug
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that the deficit in the budget that there are concerns really about the practicalities of any of these measures having any effect lots of talk about the possibility of. and as we said a lot of public anger at the people here he felt that their lives are being put in a situation that is simply untenable that they can't live with the concerns really about whether you know if they needed a gates be able to pull the country out the situation. right there and our investment advisor patrick young he says of the european union it needs to act not more quickly on the greek crisis if it hopes to remain in. the european union are trying to take fiscal control of greece because they think that's the only way they can actually control the crisis essentially what is being fought at the moment is a battle for the sovereignty of greece the european union is too slow in doing there's too little leadership and there is a pig headed increment in terms particularly amongst the finance ministers but
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there's specially amongst the leaders of the european union asians in terms of understanding that they needed to move a lot faster on this crisis that they still need to move much faster and ultimately time is running times because greece is leading the contingent that is going to kill the euro rule by the end of the year if we don't see positive and rapid action realistically but action means that greece needs to leave the euro because the problem is we cannot leave citizens of the european union to starve to death because it suits the troika of international lander. now ten minutes past the hour here in moscow you with artsy libya's new rulers have named a temporary cabinet ministers to govern the country until it is fully secured meanwhile their forces continue to lay siege to the few remaining khadafi strongholds the national transitional council now controls most of the country
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still faces fierce resistance in sirte and bani walid and pockets in the southern after a two day cease fire to allow residents to leave and so you see forces attempted further attacks on the ousted colonel's hometown and the red cross meantime is one of a humanitarian disaster as the town is running out of metal medical supplies food and water one eyewitness to the fighting told us that and seek it out he forces are attacking civilian homes as they push to take over the city at any cost. worth. acting out to. put him back even if you don't. actually. anyhow because we've run a good couple to creditors if. you
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. think we can. all think you. know we had a chance to speak to author and journalist afshin rattansi he says that the only point of the entire libyan campaign is to divide the country's resources between nato allies. this is what nato are involved in the action which is obviously contrary to the u.n. resolution which is supposedly mandated to go in and overthrow the government of gadhafi we're getting reports of electric torture electric shock torture being used by these revolutionaries who exactly are the people that are fighting nato because they may not like it after they may not like the nature of black troops it's very interesting that the most advanced arsenal in the world of nato is six months on and they still haven't won the country this is all about the idea that these great
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powers as evolved can divide up the resources and the future of the libyan people why they're quiet about it the media kind of got bored after the initial explosions and we so-called attack that they don't even reporting the bombing of hospitals and . you without a life from moscow and you can find all of our news stories and so much more on our website r.t. dot com i hear some of the items online for you right now a whole new e.u. russia's prime minister vladimir putin has published an article outlining a plan to build the eurasian union to become a single economic entity. and former vice president dick cheney says that he expects barack obama to explain himself and apologize to the bush administration over comments that he made in egypt when two years ago. on this day the space age really began for the soviet union in launching its first ever sputnik satellite.
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will if they are still going to be thinking and believing must believe that god is the real estate agent say ok this is for you guys this guy is as we.
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want to be this is the one this is my god i'm. not. wealthy british style. market why not. find out what's really happening to the global economy with mike's culture the no holds barred look at the global financial headlines tune into congress report on r t.
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l a quarter past the hour here in moscow this is ot say the former soviet republic of dagestan is known as one of the world's largest producers of cotton but while the lucrative industry young a government of fortune by people remain stricken by poverty and as a teacher at a rate of retrofit reports human rights groups say the cotton industry thrives on illegal child labor. such is the fear in the eyes of these children you'd think they were picking. up a drug that amanda's years of graduates an idea that centers that have just done as of. yet. meanwhile on the other side of the world the produce harvested with illegal child labor is enjoying the glare off flush and cameras will not acquire the mother
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daughter who's bed president is presenting her new collection forbes magazine ponders on how she's managed to be so commercially successful i go to harvard. so it's a really good score you know in terms of you know giving you great tools the tools of his back to stone our children as young as seven to work an average of seventy hours a week instead of going to school and i had occasions not the only thing they're missing out on with no heating proper bats were drinking water getting in despair mothers are powerless some of them stood up for their kids' protection they were arrested taken to cotton fields they would be forced to work in the day of the mass raped at night. would be helpful force child labor for the biggest producers around one million tons of cotton enough to make one billion from. the cotton
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a sold abroad except to the sixty plus retailers including levi and they have pledged not to buy korten because the harvest is so abusive this boycott sends a message to the government that enslaving children is not shake but will not require the mobile was also as black use guns and bus headed to the un and the deputy foreign minister refutes the claims and she was also outraged when. new york fashion week bans for collection from the catwalks two weeks ago but human rights groups. it was a terrible message for the fashion industry to be sending that they would lend a high profile platform to the senior official of one of the world's most repressive governments the government about six years ago aged in the disproportionate use of force against mostly peaceful protesters in the eastern city of andijon and it john is the bloodiest chapter in president islam karimov
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stew decades in all its in two thousand thought his forces opened fire on an anti-government demonstration killing five thousand people or other so-called dissidents jail sentences are common behind you chad he spent three years in prison for speaking out after his prosperous business was taken over by the president's people because. he removes family as an organized criminal mob six's of the economy profitable businesses are under his control if you go to wiki leaks you'll see that the u.s. ambassador calls the karimov store to a messy a princess but all this will stay just words while the war continues in afghanistan to remove is an important ally day and everyone will close eyes to his crime. but leaving egypt and tunisia and were once important allies however the arab spring
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showed just how quickly things can change. people to not purchase art. it was nearly time for the business with a korean a but for the other the world update here are two an explosion in the case of a government compound in the somali capital of mogadishu reportedly killing at least seventy and injuring more than fifty. insurgents have claimed responsibility for the attack the group was targeting government buildings in the area according to eyewitnesses they say an unidentified vehicle was used to carry out the blast. seventeen people were killed in separate gunfire and bomb attacks across iraq the deadliest was almost two hundred kilometers west of baghdad when gunmen stormed a local government building and took fourteen hostages well the town's mayor and the local police chief were among those culture of violence has reportedly increased in iraq as officials in the country prepared to take over after the proposed departure of u.s. troops by the end of this year. and over in afghanistan american soldiers will
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remain even after two thousand and fourteen according to the top u.s. commander there that was the deadline originally set by nato for all the withdrawal of foreign forces by the white house meantime had even promised that all u.s. troops would be out by then at any cost there are some one hundred thousand americans currently serving in afghanistan. for that you've actually came as a afghan leader hamid karzai criticized pakistan for playing a double sided game in the fight against terrorism karzai is in india for key talks over strategic agreements on security and development aid because it follows a series of high profile attacks across the country many of which are blamed on pakistani militants india has already pledged to billion dollars to afghanistan's needs. and i want to stay with us now it's time for your hourly business update with korea.
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business update this hour economic uncertainty hasn't best staying away from risky assets and in russia it has people preparing for the worst russians are rushing to sell the ruble as a cat's weaker but as business. force the situation is more i would selection of panic and the current economic environment. switching your savings from a national currency to a foreign one may seem like a sign of panic but that's not the case in russia since the ninety's when hyperinflation made it impossible to put prices in rubles many russians used u.s. dollars and euros instead most of russians still have their savings in foreign currencies partly because they don't trust the rubles the bullets he and whenever there's any sign of point actual turbulence people rush to convert and that is what's happening now but many analysts say that's only making the decision weighs in the worst the ruble weakened against the dollar at stand in its worst orderly depreciation in over two years it's lost forty percent in the past two months but
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it's still nowhere near that super also nine financial crisis when the russian currency lost a third of its value last month transfers reached their highest level in seed years equal to four and a half a billion dollars they have also essential banks says ruble has been in the gradual devaluation for about savant spots the bull bounce back soon all this suggests the problem is of russia's lack of net capital inflows and the police domestic me from the banking sector analysts are now open the banks tight monetary policy will help prevent a for the decline and in fact the bank already put a billion dollars to defend the ruble and this prepared to go even further to stabilize of the currency and analysts we've spoken to say that if placed with the fresh recession in europe or in the united states russia will come out on small because it has learned from its past mistakes. looking at the markets now was
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losing ground up and dropping the lowest in more than a year on monday concerns about global it's among trumped up before some u.s. manufacturing and construction spending run blandness trading at one hundred dollars a barrel while the other tries at around seventy six or seventy six dollars a barrel this hour here. stock markets deep in the red the pussies down away by heavy losses were the banking sector that's after european authorities delayed a decision on providing more aid to greece bank of scotland group the biggest boys dropping seven point three percent barclays also giving up its gains and is down is it up six point four percent and daughter bank is losing over six percent on the dax after it warned tuesday that it won't achieve its target for two thousand and eleven pretax profit from core business there's a ten billion euros. and russia stocks are also deep in the red bull third day investors are concerned that contagion from europe's debt crisis will hurt manufacturers and rolls enough or cannot appease let's take
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a look at some individual channels on the rise it's right now energy majors are trading in the negative territory with brawl snap down the four percent coal mining response is among the main losers after posted weak results for the first half of the year and after boss is also losing ground despite reports become a can receive a record number of orders towards lot i grant a model other guy from b.p. capital gives his advice on the current best bets on the market. it's obviously hard to hard to. stock pick right now if. i think warren jeffs is probably your best choice obviously it's not a high bidder play through his nose to recover if things become rosy obviously. with new dealers but that was a relief for me a safer and safer bet and they're very very recent. it's a business update for now but don't forget you can always find most stories on our
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website r.t. dot com slash business or join us in forty five minutes from your. movie with. we hear it because our petri outs that. god promised them this million belongs to. will if they are still going to be thinking. and gone chosen people will not
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believe that god is real estate agent say look at this that is this for you guys and this guy is as we. go this is. different my family. wealthy british style. is not on the. market why not it's going to. find out what's really happening to the global
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economy with mike's concert for a no holds barred look at the global financial headlines tune into cons a report. even the books of this country's lamda sacred. tragedy is the essence of life. whether it is a buddhist press. or a shamanistic which. crossroads of two religions. faith is strong and spirit is hot. it was created to serve public interests to inform and to entertain. these days there's nothing easier than opening a new media outlets but there is nothing harder than revoking its license in case of corruption. from. san antonio ways.
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you can involve in a community where you have one large corporation controlling the daily newspaper radio stations television stations the cable outlet can you tell me that that sounds like the most of the public opinion versus f.c.c. broadcast blues marching. earlier lists.

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